MEOH: Analyst CIBC Raises Price Target to $59, Maintains Outperf

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CIBC has reaffirmed its “Outperformer” rating for Methanex (MEOH) and increased its price target from $52 to $59, signaling a positive outlook. This adjustment follows several other analysts who have recently raised their price targets for MEOH. The average price target from nine analysts is $57.56, suggesting a 12.19% upside from the current price.

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